Trenwick definition

Trenwick means Trenwick Group Ltd., a Bermuda company.
Trenwick or the "Issuer"), and LaSalle Re Holdings Limited, a company organized under the laws of Bermuda ("LaSalle").
Trenwick. Put". Subject to the limitations set forth in Section 11, upon delivery of written notice to LaSalle by Trenwick (the "Repurchase Notice"):

Examples of Trenwick in a sentence

  • For each share of their Trenwick and LaSalle shares, stockholders would receive one share in the new Trenwick Group holding company.

  • Before the restructuring and LaSalle merger, Trenwick America had been on the hook for this portion of the credit facility in the event parent Trenwick defaulted.

  • As one would expect, the Litigation Trust is able to allege that most of the directors of Trenwick America were employees of Trenwick and Trenwick America.

  • Finally, I will address the claims brought against the defendants who were Trenwick advisors.

  • That is, the Trenwick America directors are alleged to have injured the creditors of Trenwick America by causing its assets to be pledged to support other subsidiaries owned by Trenwick, at a time when Trenwick America was insolvent.

  • They merged into a newly-created entity named Trenwick Group Limited.

  • Remarkably, the complaint entirely fails to address the reality that LaSalle was a public company not controlled by Trenwick.

  • A $170 million revolving credit facility for the use of Trenwick as a holding company comprised one major chunk of the debt.

  • Chartwell was a listed company in its own right and both its stockholders, and the stockholders of Trenwick, voted to approve the merger.

  • After the LaSalle merger, Trenwick America went from being the secondary obligor to becoming the primary obligor for that part of the facility.


More Definitions of Trenwick

Trenwick has the meaning set forth in the recitals to this Agreement.
Trenwick shall have the meaning provided in the recitals to the Credit Agreement.

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